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Gary Black Counterns Elon Musk's Bankruptcy Warning, Says US Debt 'Fairly Low' At 125% Of GDP
Wednesday, July 2, 2025 - 8:25am | 842Financial analyst Gary Black, the managing partner at the Future Fund LLC, has issued a bold take on the U.S. fiscal health, likening the nation's debt to corporate debt levels and calling it “fairly low.” What Happened: In a post on X, Black argued that the U.S. debt-to-GDP ratio of...
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France's Credit Rating Downgrade Sparks Market Unease: 'Public Finances Will Be Materially Weaker'
Monday, December 16, 2024 - 10:23am | 662French equities dropped on Monday after Moody's downgraded France's credit rating to Aa3, citing worsening public finances and political instability. The CAC 40 index, which tracks France's largest companies and is mirrored by the iShares MSCI France Index Fund (NYSE:EWQ), fell 0.9% by 8:20 a.m. in...